Edtech startup Fastudent raises fresh round of funding

Fastudent, an education e-commerce platform which sells everything from textbooks to stationery for students, has raised an undisclosed amount of Pre-Series A funding from a bunch of investors.Aritra Sarkhel | ETtech | Updated: September 29, 2016, 08:06 IST

Fastudent, an education e-commerce platform which sells everything from textbooks to stationery for students, has raised an undisclosed amount of Pre-Series A funding from a bunch of investors.

“Our model has been successfully accepted by NCR schools. We will be expanding to private schools in other markets like Bangalore, Pune and Mumbai by 2017,” says Geetanjali Khanna, co-founder, Fastudent. They currently have 200 institutes in the NCR region as clients and hope to add another 1,000 institutes in the near future.

Founded in 2013 by Geetanjali Khanna and Gaurav Barman, the Noida based startup raised seed investment from a group of angel investors led by Ashish Gupta in 2015.

Khanna says that Fastudent is seeing some un-serviced demand for Indian curriculum books from Middle Eastern countries. “Many Asian countries including Japan, Singapore and China are also on our road-map after 2018. The successful acceptance of companies like 8dol.com in China, which is a delivery service model for colleges, validates the need for a platform to streamline educational supplies in the education sector beyond India.”